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MOBILIZE TO SUPPORT AMERICAN AXLE WORKERS
MOBILIZE TO SUPPORT AMERICAN AXLE WORKERS
by the SPUSA Labor Commission
The Socialist Party USA stands in solidarity with the American Axle workers as they carry out a strike in defense of their wages and benefits. The American
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Axle Corporation has attempted to reduce wages to $14/hour from $23/hour and cut retiree pension benefits. An almost 40% wage decrease is intolerable under any circumstances, but in a time of financial surplus - when American Axle is able to pay a hefty dividend to its shareholders it is simply unconscionable. This episode is the most recent example of the overall offensive waged by corporations against manufacturing workers in America.
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Though the corporate entity known as American Axle legally owns the means of producing these sought-after automobile components, it is the labor of the workers which creates the value. Without workers willing to labor there would be no production or dividends for Wall Street investors. The Socialist Party fully supports the American Axle workers' struggle to sustain their livelihoods. We see this conflict as another example of the manner in which CEO’s, Boards of Directors and Shareholders live off the backs of workers.read more »
Some rights reserved: 2006
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